Forex
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USD/CHF ticks down to near 0.7910 as US Dollar falls back
USD/CHF trades mildly lower to near 0.7910 as the US Dollar corrects further. Weak US ISM Manufacturing PMI data for…
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Japanese Yen bulls seem noncommittal amid BoJ uncertainty, fiscal concerns
Japanese Yen struggles to lure buyers amid the uncertainty over the timing of the next BoJ rate hike A positive…
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GBP/USD Price Reaches fresh three-month highs above 1.3550
GBP/USD hit a fresh three-month high of 1.3562 on Tuesday. The 14-day Relative Strength Index is near overbought, signaling possible…
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GBP/JPY Price Forecast: Looks set for fresh rally above 212.20
GBP/JPY strengthens on the Japanese Yen’s continued underperformance. BoJ’s Ueda has kept the door open for further interest rate hikes.…
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EUR/GBP flat lines near 0.8650 ahead of German CPI inflation release
EUR/GBP holds steady around 0.8655 in Tuesday’s early European session. Rising bets that the BoE will follow a gradual monetary…
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USD/INR drops as safe-haven demand of US Dollar diminishes
The Indian Rupee regains ground against the US Dollar after a three-day losing streak. The US Dollar’s safe-haven demand cools…
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Dollar Steadies After Volatile Session
The dollar index steadied around 98.4 on Tuesday following a volatile previous session marked by geopolitical jitters and heightened uncertainty…
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Yuan Remains Firm Amid Seasonal Demand
The offshore yuan hovered around 6.98 per dollar, trading near a thirty-two-month high, as seasonal demand persisted while the central…
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Trade of The Day – USDIDX
Facts: Over the weekend, Maduro was detained in a US-led military operation. The dollar successfully defended support around the 97.600…
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Pound Sterling drops as US raids on Venezuela sours market sentiment
The Pound Sterling is under pressure as the US raid in Venezuela has increased the safe-haven demand. The BoE is…
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